TIA Worth Surges 24+% Following Coinbase Itemizing Announcement

• The value of TIA surged by greater than 24% up to now day after its launch on October 31.
• The token’s success is probably going attributable to an announcement that Coinbase will listing the TIA token.
• Binance Futures additionally introduced that it’s going to help TIA with as much as 50x leverage.

The value of the brand new cryptocurrency on the block, Celestia (TIA), is popping heads after Celestia, the world’s first knowledge availability blockchain community, launched its mainnet only a few days in the past on October 31, 2023. Over $300 million price of TIA tokens had been launched in the course of the undertaking’s launch.

Knowledge from CoinMarketCap indicated that the worth of TIA surged by greater than 24% in simply the previous 24 hours. This meant that the token was buying and selling at $2.73 at press time after it was in a position to set a excessive value of $2.84.

TIA’s 24-hour buying and selling quantity additionally managed to climb by over 7% since yesterday. Because of this, the token’s quantity was in a position to rise to $382,575,667. In the meantime, the rise within the altcoin’s market cap ranked TIA as one of many prime 100 cryptocurrencies as properly.

Its market cap rose to $385,149,541 all through the previous day, which ranked it because the 94th largest token. This positioned it proper behind WOO Community (WOO) within the 93rd spot. TIA’s success up to now few days additionally pushed its efficiency on its weekly timeframe up even additional to +29.69%.

The help that TIA has acquired from merchants may be very seemingly because of the latest announcement that Coinbase, the biggest cryptocurrency trade within the U.S., will listing the TIA token. The trade additionally said that buying and selling will start as quickly as liquidity circumstances are met.

Moreover, Binance Futures has additionally introduced that it now provides help for the TIA token, permitting merchants to leverage their positions with as much as 50x leverage. The token can also be listed on virtually all the main centralized exchanges.

Celestia is a versatile blockchain community designed to supply builders the required framework to create and handle blockchains. Particularly, Celestia serves as a basis that permits different blockchain tasks to put it to use for knowledge availability and consensus functions.